Assisted living home for sale. Located on a primary county road in a quiet area yet less than 2 miles from Gaylord's Main St. There's a park across the street. 2568 sqft 1-story ranch. It's handicap accessible, 2.5 stall attached garage. 4 Bedrooms, 2 full bathrooms, office, & a big living & dining area. Fenced-in backyard along with about 3.5 acres of forest on this 5 acre parcel. Licensed for up to six residents, type is adult foster care, more info on license in photo set. State subsidized rent, current tenant has had a lease on this property that pre-dates seller's purchase in 1991. New Lease agreement starts 10/1/2024 at $1701.53/mo. increasing every year. Current rent is $1651.98/mo. Possession: Tenants' Rights through 9/30/2028 (end of lease agreement).
Price 320,000
City Limits: No
Frontage:
County: Otsego
Type: Business Op
School: Gaylord
Lake/River:
Road: Blacktop,Paved
Lot Size: 332.5x655x332.5x650
Sewer: Septic
Water:
Acres: 0.00
Ttl Sqft: 2578.00
Zoning: R-1
Business Info.
Sale/Rent: FS
Township: Livingston
Year Built:
County: Otsego
Lake/River:
Construction: Frame
Features:
Listing Provided Courtesy of:
COLDWELL BANKER SCHMIDT GAYLORD 700 W. Main St., Gaylord, MI 49735
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